Valuation Nokia Oyj

Equities

Real-time Estimate Tradegate Other stock markets 01:01:15 10/07/2025 pm IST			5-day change	1st Jan Change
4.385 ^EUR	+1.04%		-0.55%	+2.37%

10:20am	Swedish Shares in North America - Ericsson Slips 0.3 Percent	FW
09/07	Ericsson Shares Plunge on Stockholm Stock Exchange	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	17,737	31,473	24,175	16,899	23,017	23,398	-	-
Change	-	77.45%	-23.19%	-30.1%	36.2%	1.66%	-	-
Enterprise Value (EV) ¹	15,252	27,531	19,408	12,576	18,163	20,404	19,646	18,244
Change	-	80.51%	-29.51%	-35.2%	44.42%	12.34%	-3.71%	-7.14%
P/E ratio	-7.33x	19.2x	5.77x	25.4x	18.6x	19.8x	15.6x	13.4x
PBR	1.41x	1.81x	1.13x	0.82x	1.11x	1.12x	1.09x	1.03x
PEG	-	-0x	0x	-0.3x	0.2x	-4.35x	0.6x	0.8x
Capitalization / Revenue	0.81x	1.42x	0.97x	0.76x	1.13x	1.15x	1.11x	1.09x
EV / Revenue	0.7x	1.24x	0.78x	0.57x	0.9x	1x	0.93x	0.85x
EV / EBITDA	5.37x	7.91x	5.06x	4.04x	5.02x	7.15x	5.85x	5.1x
EV / EBIT	7.21x	9.92x	6.24x	5.3x	6.93x	9.81x	7.64x	6.49x
EV / FCF	11.9x	13.3x	22.2x	18.9x	8.99x	14.7x	11.5x	8.63x
FCF Yield	8.39%	7.5%	4.5%	5.29%	11.1%	6.82%	8.72%	11.6%
Dividend per Share ²	-	0.08	0.12	0.13	0.14	0.1413	0.1542	0.1671
Rate of return	-	1.44%	2.77%	4.26%	3.28%	3.26%	3.55%	3.85%
EPS ²	-0.43	0.29	0.75	0.12	0.23	0.2195	0.2788	0.3228
Distribution rate	-	27.6%	16%	108%	60.9%	64.4%	55.3%	51.8%
Net sales ¹	21,870	22,202	24,911	22,258	20,279	20,318	21,086	21,554
EBITDA ¹	2,839	3,479	3,838	3,110	3,616	2,855	3,356	3,577
EBIT ¹	2,114	2,775	3,109	2,375	2,619	2,081	2,573	2,811
Net income ¹	-2,431	1,623	4,250	665	1,277	1,215	1,587	1,787
Net Debt ¹	-2,485	-3,942	-4,767	-4,323	-4,854	-2,994	-3,751	-5,153
Reference price ²	3.151	5.574	4.327	3.052	4.274	4.340	4.340	4.340
Nbr of stocks (in thousands)	56,28,955	56,46,452	55,87,016	55,37,060	53,84,608	53,91,154	-	-
Announcement Date	04/02/21	03/02/22	26/01/23	25/01/24	30/01/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NOKIA OYJ	19.77x	1x	7.15x	3.26%	2.74TCr
CISCO SYSTEMS, INC.	26.99x	5.12x	13.34x	2.33%	27TCr
ARISTA NETWORKS INC	43.71x	14.69x	32.39x	-.--%	13TCr
FOXCONN INDUSTRIAL INTERNET CO., LTD.	17.51x	0.59x	11.79x	3%	7.36TCr
MOTOROLA SOLUTIONS, INC.	33.8x	6.43x	20.16x	1.06%	6.98TCr
GARMIN LTD.	26.99x	5.71x	20.2x	1.64%	4.18TCr
HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.	18.66x	2.19x	12.61x	2.96%	3.56TCr
ERICSSON	13.61x	0.84x	5.76x	3.76%	2.73TCr
UBIQUITI INC.	40.76x	-	-	-	2.44TCr
ZHONGJI INNOLIGHT CO., LTD.	20.21x	4.34x	15.53x	0.7%	2.25TCr
Average	26.20x	4.55x	15.44x	2.08%	7.3TCr
Weighted average by Cap.	28.82x	6.13x	17.36x	1.87%